Calls Purchased on Assured Guaranty Ltd. (AGO)
April 08, 2011 12:53 PM
Shares of Assured Guaranty Ltd. (NYSE: AGO) are higher on the session by 0.74%, currently trading at $15.06. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the October 2011 $17.00 call was purchased 6,400 times, on the offer, on open interest of only 131 contracts.
Overall call volume is now running at 2.15x the daily average with 94% of all calls traded being purchases on the offer.
Assured Guaranty Ltd. is a holding company that provides, through its operating subsidiaries, credit protection products to the public finance, infrastructure and structured finance markets in the United States, as well as internationally.
